How Much Did Racey Engineering Raise?
Funding & Key Investors

Racey Engineering has secured significant capital, with total funding reaching $399K and a recent strategic investment of $249K on January 23, 2021. This latest financing round underscores the company's established presence and its ongoing strategic initiatives within the engineering and surveying sector. The company's history of securing debt financing, including two notable rounds in April 2020 and January 2021, indicates a focus on leveraging financial instruments for operational growth and project execution.

What is Racey Engineering?

Racey Engineering
ConstructionArchitecture, Engineering & Design

Racey Engineering operates as a multi-disciplined engineering and surveying firm, offering comprehensive Total Project Management (TPM) services. Their expertise spans civil engineering, surveying, mechanical engineering, structural engineering, and water supply/wastewater solutions. The firm distinguishes itself by guiding clients through every project phase, from initial vision refinement and design development to project management and closeout. This holistic approach is designed to enhance team efficiency and ensure client objectives are met, irrespective of project scale.

How much funding has Racey Engineering raised?

Racey Engineering has raised a total of $399K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$249K

Debt (2020): $150K with participation from PPP

Debt (2021): $249K led by PPP

What's next for Racey Engineering?

The substantial capital infusion, particularly the recent strategic investment, positions Racey Engineering for accelerated growth and expanded service offerings. As a company engaged in large-scale, late-stage funding, Racey Engineering is likely focused on scaling its operations, potentially through acquisitions, technological advancements, or expanding its geographic reach. The firm's commitment to Total Project Management suggests a strategic direction towards solidifying its role as a full-service engineering partner, capable of handling complex, multi-faceted projects and further enhancing its market competitiveness.

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Frequently Asked Questions Regarding Racey Engineering Financial Insights

What are the most recent funding rounds that Racey Engineering has completed, and what were the funding rounds?
Racey Engineering has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Racey Engineering has raised to date?
Racey Engineering has raised a total of $399K in funding to date.
How many funding rounds has Racey Engineering completed?
Racey Engineering has completed 2 funding rounds.
How much funding did Racey Engineering raise in its most recent funding round?
Racey Engineering raised $249K in its most recent funding round.
Who are the lead investors in Racey Engineering's latest funding round?
The lead investor in Racey Engineering's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Racey Engineering's history?
The largest funding round in Racey Engineering's history was $249K.
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